What are the reasons for INTU's decline?

The main reasons are a downward revision in TurboTax growth and AI disruption fears.

Do analysts expect Intuit stock to recover?

Yes, they expect over 67% upside in the next 12 months.

Intuit (INTU) Plunges 57% YTD on AI Disruption Fears

Intuit Inc. (NASDAQ: INTU) shares have fallen more than 57% year-to-date, driven by a downward revision in TurboTax growth and AI disruption fears. Despite this, analysts see over 67% upside in the next 12 months.

June 25, 2026

2 min read

Source: Insider Monkey

Key Numbers

ytd decline

57%

upside potential

67%

Intuit Inc. (NASDAQ: INTU) shares have tumbled more than 57% year-to-date, according to a report from Insider Monkey. The sharp decline is attributed to a downward revision in TurboTax growth forecasts and growing concerns over AI disruption.

Reasons for the Decline

TurboTax Growth Revision

Intuit lowered its growth expectations for TurboTax, one of its flagship products, sparking investor worries about slowing revenue.

AI Disruption Fears

There is increasing concern that AI technologies could disrupt Intuit's business model, particularly in accounting and tax preparation, where smart tools may replace traditional software.

Future Outlook

Potential Rebound

Despite the steep drop, analysts remain optimistic. The market expects a more than 67% upside over the next 12 months, making it one of the stocks expected to bounce back.

What This Means for Investors

Investors should monitor AI developments and their impact on Intuit's products, as well as upcoming earnings results to assess the company's ability to adapt.

Frequently Asked Questions

Intuit stock has fallen more than 57% year-to-date in 2026.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.